Raised $3.65M Within 30 Days of Announcing Its Fourth Opportunistic Fund Acquisition; A 78-Unit Pre-Foreclosure Purchase Secured at a 38% Discount
(PRUnderground) September 4th, 2025
Neighborhood Ventures (NV), a leading real estate operator and an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, has just closed on Venture on Maryland, a 78-unit multifamily community in Central Phoenix. Acquired in a pre-foreclosure transaction directly from the bank for $10.7 million (down from a 2022 valuation of $17.1 million), the purchase marks the fourth distressed asset added to NV’s Arizona Multifamily Opportunistic Fund.
Investor interest in the offering was immediate with Neighborhood Ventures receiving all $3.65M in investor capital ahead of schedule, which allowed an early closing and freed operations team to take over the property and begin executing improvements right away. NV plans to invest nearly $2 million in capital improvements over the next two years to modernize interiors, upgrade kitchens and baths, and enhance curb appeal and landscaping.
“Closing on Venture on Maryland reinforces our ability to identify high-value opportunities and act decisively when the market presents them,” said Jamison Manwaring, Co-founder and CEO of Neighborhood Ventures. “We are prepared to invest in these properties, with both capital and operational expertise, to make them profitable while improving neighborhoods, and creating quality housing options for local residents.”
Located in a highly walkable corridor, Venture on Maryland gives investors exposure to Phoenix’s continued rental demand. The Opportunistic Fund targets 16–20% annual returns for investors and is designed to acquire, stabilize, and sell multiple discounted assets over a multi-year hold period. The fund offers a $5,000 minimum investment for Arizona residents, providing broad access to institutional-style real estate deals.
“Central Phoenix continues to attract residents and renters drawn to walkability and transit access, and assets like Venture on Maryland are well positioned to benefit as the market stabilizes,” said John Kobierowski, Co-founder & President of Real Estate at Neighborhood Ventures. “Our team moves quickly to secure deals, implement thoughtful renovations, and professionally manage properties to maximize returns for our investor community.”
Why now is a smart time to invest through Neighborhood Ventures:
- Market dislocation has created compelling entry points on quality multifamily assets bought at significant discounts
- Rental demand remains durable as many households opt to rent for financial flexibility
- NV’s vertically integrated model (acquisition, in-house property management, and a national crowdfunding engine) allows everyday investors to access institutional opportunities with lower minimums and improved transparency.
Neighborhood Ventures remains focused on transforming underperforming assets into stabilized, cash-flowing communities while delivering attractive risk-adjusted returns for investors. For more information on Venture on Maryland and NV’s Opportunistic Fund, visit neighborhood.ventures.
Prospective investors should bear in mind that past performance is no guarantee of future results and that there can be no assurance that projects will achieve projected results.
In addition, actual future conditions may require actions that differ from those contemplated at this time, and prospective investors are cautioned not to place undue reliance on these projections. This presentation includes certain non-GAAP financial measures. Certain statements such as “believes”, “anticipates”, “plans”, “intends”, “expects”, “target” “preferred” and words of similar import constitute forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.
About Neighborhood Ventures
Neighborhood Ventures offers investment opportunities to accredited and non-accredited individual investors of all income levels, with a minimum investment amount of just $1,000. Since its inception, the company has sponsored more equity crowdfunding offerings than any other real estate investment company nationwide. To date, the group has purchased 16 properties and sold eight of them.
Find the latest information on investment opportunities and progress updates on all projects at neighborhood.ventures.
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Original Press Release.